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Level 4
July 21, 2022
Solved

S Corporation Dissolution

  • July 21, 2022
  • 1 reply
  • 7 views

When an S Corporation is dissolved mid-year, is the tax return due date for that year still March 15th of the following year or is it due sooner?  I have a client who dissolved an S Corporation 07/20/2022 and want to make sure we file on time.  Thank you.

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Best answer by dkh

IRS.gov  Form 1120-S Instructions, Page 3, When to File........... A corporation that has dissolved must generally file by the 15th day of the 3rd month after the date it dissolved. 

1 reply

dkh
dkhAnswer
Level 15
July 21, 2022

IRS.gov  Form 1120-S Instructions, Page 3, When to File........... A corporation that has dissolved must generally file by the 15th day of the 3rd month after the date it dissolved. 

KMACKAuthor
Level 4
July 22, 2022

Thank you for the reply. Would I use the 2021 tax forms since the 2022 forms are not available yet?

dkh
Level 15
July 22, 2022

Yes use 2021 forms - cross out 21 write in 22.  Will have to paper file.